论文部分内容阅读
本文以2004—2010年因连续亏损而触碰退市政策临界点的A股上市公司为研究对象,分析了其连续亏损前后四年期间的审计意见及其变化特征。研究发现:连续亏损公司非标准审计意见的比例更高;审计意见与财务能力相关,获得标准审计意见公司的财务能力要显著好于非标准审计意见公司;审计意见类型与退市监管政策临界点具有显著相关性;对凭借非经常性损益避免亏损或扭亏为盈的上市公司,审计师倾向于发表非标准审计意见。可以认为,审计意见类型传递了公司盈余质量和经营不确定性风险的信息;在审计意见不具有直接退市管制后果的制度背景下,审计师能够保持一定的职业谨慎性。
This paper analyzes the audit opinions and their changing characteristics during the four years before and after the continuous loss from 2004 to 2010 because of the continuous loss and touching the A-share listed companies that delisted the delisting policy as the research object. The study found that the proportion of non-standard audit opinions of continuous loss companies was higher, the audit opinion was related to financial ability, and the standard audit opinion was obtained. The financial capability of the Company was significantly better than that of non-standard audit opinion companies. The audit opinion type and the delisting regulatory policy With significant correlation; for listed companies that avoid losses or turn a profit by virtue of non-recurring gains and losses, auditors tend to publish non-standard audit opinions. It can be considered that the type of audit opinion conveys the information of the company’s earnings quality and the risks of operating uncertainty. Auditors can maintain a certain degree of professional cautiousness in the context of an audit opinion that does not have the consequences of direct delisting control.